(MENAFN) Growth of assets of local equity funds in Saudi Arabia hit 20 percent by the end of November 2013, reaching USD 5Ù«59 billion compared to USD4Ù«69 billionin 2012, according to Arab News
Assets of foreign equity funds boosted by 20 percent to reach USD3Ù«35 billion compared to USD2Ù«79 billion in 2012 during the same period
Head of Assets at EFG Hermes Saudi Arabia Majid Kubbra said that assets of investments funds in the Kingdom grew to as much as USD27Ù«27 billion in November compared to USD23Ù«48 billion in 2012
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